SLP Group: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SLP Group
Largest movements
- Receivables within one year -€15,630
down €15,630 (-36.6%), from €42,755 to €27,126
of which Trade receivables: -€15,157
- Tangible fixed assets -€11,202
down €11,202 (-60.8%), from €18,429 to €7,227
of which Furniture and vehicles: -€7,435
- Stocks and contracts +€2,836
up €2,836 (+4.2%), from €66,963 to €69,798
of which Stocks: +€3,046
- Cash -€1,437
no longer reported in 2025 (was €1,437)
mainly Trade debts (-€22,823) and Current portion of long-term debt (-€5,445)
- Trade debts -€22,823
down €22,823 (-67.6%), from €33,766 to €10,943
- Current portion of long-term debt -€5,445
down €5,445 (-86.0%), from €6,331 to €886
- Short-term financial debts +€1,694
new in 2025: €1,694
- Gross operating margin -€7,707
down €7,707 (-29.7%), from €25,962 to €18,255
- Taxes -€1,449
down €1,449 (-94.9%), from €1,527 to €78
- Financial charges -€741
down €741 (-15.9%), from €4,664 to €3,923
- Other operating charges +€700
up €700 (+147.9%), from €473 to €1,173
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,575 | €105,197 | -€25,378 | -19.4% |
| Fixed assets | 21/28 | €18,429 | €7,227 | -€11,202 | -60.8% |
| Tangible fixed assets | 22/27 | €18,429 | €7,227 | -€11,202 | -60.8% |
| Plant, machinery and equipment | 23 | €5,854 | €2,088 | -€3,766 | -64.3% |
| Furniture and vehicles | 24 | €12,575 | €5,140 | -€7,435 | -59.1% |
| Current assets | 29/58 | €112,146 | €97,970 | -€14,176 | -12.6% |
| Stocks and contracts in progress | 3 | €66,963 | €69,798 | +€2,836 | +4.2% |
| Stocks | 30/36 | €51,085 | €54,130 | +€3,046 | +6.0% |
| Contracts in progress | 37 | €15,878 | €15,668 | -€210 | -1.3% |
| Amounts receivable within one year | 40/41 | €42,755 | €27,126 | -€15,630 | -36.6% |
| Trade receivables | 40 | €40,861 | €25,704 | -€15,157 | -37.1% |
| Other amounts receivable | 41 | €1,895 | €1,422 | -€473 | -25.0% |
| Cash at bank and in hand | 54/58 | €1,437 | - | -€1,437 | |
| Deferred charges and accrued income | 490/1 | €991 | €1,046 | +€55 | +5.5% |
| Total equity and liabilities | 10/49 | €130,575 | €105,197 | -€25,378 | -19.4% |
| Equity | 10/15 | €24,732 | €25,246 | +€515 | +2.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,210 | €14,210 | = | 0.0% |
| Distributable reserves | 133 | €14,210 | €14,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,522 | €6,036 | +€515 | +9.3% |
| Amounts payable | 17/49 | €105,844 | €79,951 | -€25,893 | -24.5% |
| Amounts payable after more than one year | 17 | €58,543 | €59,838 | +€1,295 | +2.2% |
| Financial debts | 170/4 | €886 | - | -€886 | |
| Other amounts payable | 178/9 | €57,657 | €59,838 | +€2,182 | +3.8% |
| Amounts payable within one year | 42/48 | €45,970 | €19,768 | -€26,202 | -57.0% |
| Current portion of amounts payable after more than one year | 42 | €6,331 | €886 | -€5,445 | -86.0% |
| Financial debts | 43 | - | €1,694 | +€1,694 | |
| Credit institutions | 430/8 | - | €1,694 | +€1,694 | |
| Trade debts | 44 | €33,766 | €10,943 | -€22,823 | -67.6% |
| Suppliers | 440/4 | €33,766 | €10,943 | -€22,823 | -67.6% |
| Taxes, remuneration and social security | 45 | €5,113 | €6,245 | +€1,131 | +22.1% |
| Taxes | 450/3 | €3,113 | €3,285 | +€171 | +5.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,960 | +€960 | +48.0% |
| Other amounts payable | 47/48 | €760 | - | -€760 | |
| Accrued charges and deferred income | 492/3 | €1,331 | €345 | -€986 | -74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,357 | €12,567 | +€210 | +1.7% |
| Other operating charges | 640/8 | €473 | €1,173 | +€700 | +147.9% |
| Gross operating margin | 9900 | €25,962 | €18,255 | -€7,707 | -29.7% |
| Operating profit (loss) | 9901 | €13,133 | €4,516 | -€8,617 | -65.6% |
| Financial income | 75/76B | €4 | €0 | -€4 | -99.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -99.5% |
| Financial charges | 65/66B | €4,664 | €3,923 | -€741 | -15.9% |
| Recurring financial charges | 65 | €4,664 | €3,923 | -€741 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €8,473 | €593 | -€7,880 | -93.0% |
| Income taxes | 67/77 | €1,527 | €78 | -€1,449 | -94.9% |
| Profit (loss) for the period | 9904 | €6,946 | €515 | -€6,431 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,946 | €515 | -€6,431 | -92.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.